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    Under The Distortion Of Economic Structure, Shoe Enterprises Are Worried About "Money Shortage" Crisis.

    2011/12/16 10:49:00 38

    With the continued tightening of monetary policy, many small and medium-sized enterprises began to encounter "

    scarcity of money

    "Life and death exams, production stagnation, small and medium-sized shoe enterprises this winter is particularly" cold ".

    In Wenzhou, Zhejiang, which is known as the wind vane of small and medium-sized enterprises, the small and medium-sized enterprises such as three flag group, Jiangnan leather, Portman and Tianshi electronics went bankrupt, and the news of the boss's abandoning the factory fled.

    Zhou Dewen, President of Wenzhou SME Development Association, said: "if the government fails to save, the 40% SMEs will halt production, suspend production or even fail in the second half of this year."

    Before the National Federation of industry and Commerce spent more than two months on Guangdong, Zhejiang, Jiangsu and other 16 provinces, the results of the survey, small and medium-sized shoe enterprises, especially small and micro.

    Shoe enterprises

    The situation may be more difficult than the financial crisis in 2008.


    "Money shortage" is the most troublesome problem for small and medium-sized shoe enterprises.

    As the financing environment is becoming more and more compact, the dilemma of small and medium-sized enterprises in the "money shortage" is becoming more and more serious.

    According to the survey, about 75% of Shenzhen

    enterprise

    Faced with financial difficulties, Wenzhou's capital is tight and enterprises account for 42.9%.

    In fact, under the situation of constant tightening of money supply, the small and medium-sized enterprises as a disadvantaged group will not only face the increase of the explicit financing cost that the bank loan interest rate has climbed, but also suffer from the increase of the implicit financing cost from bank loans. Some banks will "charge the price" from the small and medium-sized enterprises by charging management fees, consulting fees and holding loans in a disguised form.


    In addition, tight policy and bank loan difficulties also spawned a surge in private interest rates.

    It is reported that in Zhejiang, the interest rate of private lending has reached 100%, while the average profit margin of small and medium enterprises is less than 10%.

    This actually means that small and medium-sized enterprises who have to get involved in drinking poison and quench their thirst can not afford to repay private loans in time, and the interest on lending profits will drive them to despair.

    Due to difficulties in loans and rising cost pressures, the heat of SMEs has begun to cool down. Recently, the direct inducement of the failure of some SMEs in Wenzhou is due to the high cost of capital chain breaking.


    Small and medium-sized shoe enterprises may become the victims of macroeconomic regulation and control.

    Although there are many policies to support the development of small and medium-sized enterprises in reality, there are few real implementation in practice. To a large extent, it is thunder and no rain. We must vigorously break the bottleneck restrictions of monopoly interest groups.

    After all, in the current state of monopoly in the financial market, small and medium-sized shoe enterprise loans are always retail behavior, while large state-owned enterprises loan is wholesalers, and small and medium-sized shoe enterprises' financing is difficult to avoid.

    This fact is more indicative of the distortion of China's economic structure, and also the source of embarrassment for small and medium-sized enterprises to encounter "money shortage" again.

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